David M. Anderson & Edward J. Bereznicki are two massive #$%$. These guys rode this company from $13.00 to $1.00 and then they jump ship. On Jan 15/2013 they awarded themselves phantom shares to the tune of 387,939 for Anderson and 246,341 for Berezdicki. For what nobody knows???? Anderson's shares in the company stand at 152,034 at an average cost to him of $0.71, and Berezdicki shares of 76,291 at an average cost of $0.71. Is the use of the company as a personal piggybank going to continue??? Never buy a company these guys are involved in the future, as they rob people for their personal gain. I personally think they should clean house where there is one rat, there are others. I am outraged!!!!!!
Each share of phantom stock is the economic equivalent of one share of Lone Pine Resources Inc. common stock and will be settled solely in cash. This award vests in three equal annual installments, commencing on December 15, 2013.